Employment Rate in Norway decreased to 66.70 percent in the second quarter of 2020 from 67.80 percent in the first quarter of 2020. source: Statistics Norway

Employment Rate in Norway averaged 68.35 percent from 1988 until 2019, reaching an all time high of 71.80 percent in the second quarter of 2008 and a record low of 63 percent in the first quarter of 1993. This page provides - Norway Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Employment Rate - values, historical data and charts - was last updated on November of 2020.

Employment Rate in Norway is expected to be 68.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Norway to stand at 67.58 in 12 months time. In the long-term, the Norway Employment Rate is projected to trend around 67.83 percent in 2021 and 68.01 percent in 2022, according to our econometric models.

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Norway Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
66.70 67.80 71.80 63.00 1988 - 2020 percent Quarterly
NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.30 5.30 2.40 percent [+]
Employed Persons 2705.00 2692.00 2749.00 1991.00 Thousand [+]
Unemployed Persons 117907.00 122582.00 297647.00 38220.00 [+]
Labor Force Participation Rate 70.90 71.30 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.80 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 12.90 13.30 15.70 6.80 percent [+]
Labour Costs 145.30 126.00 145.30 53.30 points [+]
Productivity 112.12 100.48 112.12 57.16 points [+]
Job Vacancies 63900.00 65800.00 84500.00 1395.00 [+]
Wage Growth 1.99 3.09 18.56 1.07 percent [+]
Wages in Manufacturing 107.40 113.30 152.20 78.90 points [+]
Population 5.33 5.30 5.33 3.57 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Part Time Employment 639.60 652.80 699.00 531.90 Thousand [+]
Full Time Employment 1957.80 1932.90 1960.60 1558.80 Thousand [+]
Employment Change -1.30 -0.10 1.50 -1.30 percent [+]
Employment Rate 66.70 67.80 71.80 63.00 percent [+]
Wages 49430.00 48730.00 49430.00 20126.00 NOK/Month [+]


Norway Employment Rate
In Norway, the employment rate measures the number of people who have a job as a percentage of the working age population.